
INTERNATIONAL - Orange, France’s number one telecoms operator, sees its sales and profits in the African and Middle Eastern regions growing by around 5 percent this year, Chief Financial Officer Ramon Fernandez said on Friday.
“The current pace is around 5% and this is a pace we can keep on the long run, with a profitability performance at the same level, or even above,” Fernandez told Reuters.
Africa and the Middle East is Orange’s fastest-growing region. It generated 5.2 billion euros ($5.9 billion) and 1.7 billion euros in revenues and core operating profits respectively last year.